Analyst Bluntz, who came to the fore with his predictions for Bitcoin collapses in the crypto money market, made predictions for the leading cryptocurrency Bitcoin (BTC) and Litecoin (LTC)! So, what levels does the expert predict for BTC and LTC? Here are the details…
The analyst who knows about Bitcoin collapses made BTC predictions!
Popular crypto analyst Bluntz, whose many predictions we have previously published as Kriptokoin.com, announced his bullish predictions for the leading cryptocurrency Bitcoin in his statements to his 222,290 followers on Twitter. In his price predictions for the leading cryptocurrencies of the leading cryptocurrency Bitcoin and altcoin market, the analyst states that when looking at the daily charts of these assets, oscillation error formations (SFPS) appear in the downtrend. According to experts, any oscillating fault pattern in a downtrend typically signals an upside reversal and marks the beginning of the uptrend for the asset. Bluntz, who was successful in his previous predictions, cites the following words for BTC and other altcoins:
The daily charts for Bitcoin and other major altcoin projects show solid swing failure patterns. I don’t think it’s time to think about short investments for the moment. This trend was weeks ago. I think we can bounce here but I will be watching the next resistances at $28,300 and $29,500 very closely.
On the other hand, the graphs show that the leading crypto money project is on the rise, albeit slightly. As you know, last week, the leading cryptocurrency Bitcoin experienced a 6 percent increase from the low level of $ 25,811 in May. Instantly, BTC is trading at $26,788.43.
The expert name points to the halving event for Litecoin!
On the other hand, the expert name also draws attention to other cryptocurrencies. Drawing attention to Litecoin, one of the most popular altcoin projects of recent times, the analyst points out that the third halving event is approaching, and states that LTC’s recent upside potential is increasing day by day, based on historical data. Here are the words of the analyst:
I agree with the historical data someone shared with me before regarding LTC’s halving. Based on the last two halvings, we could have a solid month. This is an upward 40-day process. Although it is a small dataset, it is quite valuable.
Instantly, Litecoin (LTC) price is trading at $92.24. In the last week, the popular altcoin project LTC has gained 17 percent in value. Its market value is instantly at the level of 6.7 billion dollars.
Analyst Bluntz had been right in his earlier predictions!
As we mentioned earlier, the famous crypto analyst Bluntz is also known for his accurate predictions about rally, collapse and short-term price movements for Bitcoin. As you know, the analyst, who correctly predicted an altcoin collapse in February 2021, also knew correctly that Ethereum would regress to $ 1,600 in March of the same year. However, the famous analyst attracted attention with another accurate prediction about the withdrawal of Bitcoin and Ethereum in September 2021. These predictions of the analyst are followed closely by many investors.